Tap Real Estate Technologies, Inc. (RWAX) Asset Utilization Ratio (2022 - 2024)

Tap Real Estate Technologies (RWAX) reported Asset Utilization Ratio of 0.39 for Q3 2024, down 19.53% on a YoY basis from 0.48 in Q4 2023, and little changed sequentially from 0.39 in Q2 2024.

Tap Real Estate Technologies, Inc. (RWAX) Asset Utilization Ratio (2022 - 2024) Analysis & Trends

Tap Real Estate Technologies (RWAX) has 3 years of Asset Utilization Ratio data on file, last reported at 0.39 in Q3 2024.

  • For the quarter ending Q3 2024, Asset Utilization Ratio fell 19.53% year-over-year to 0.39; the trailing twelve-month figure through Sep 2024 stood at 0.39 (down 19.53% YoY), and the FY2023 full-year result was 0.38, up 506.66% from the prior year.
  • Asset Utilization Ratio was little changed at 0.39 in Q3 2024, from 0.39 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.87 in Q4 2023 to a low of 0.06 in Q3 2022.
  • A 3-year average of 0.37 and a median of 0.39 in 2024 frame the typical range for Asset Utilization Ratio.
  • Across the five-year window, Asset Utilization Ratio soared 751.19% in 2023 and decreased 19.53% in 2024, its largest moves.
  • Tracing RWAX's Asset Utilization Ratio over 3 years: stood at 0.15 in 2022, then soared by 483.78% to 0.87 in 2023, then tumbled by 55.17% to 0.39 in 2024.
  • Business Quant data shows RWAX's Asset Utilization Ratio at 0.39 in Q3 2024, 0.39 in Q2 2024, and 0.52 in Q1 2024.

Peer Comparison

Historic Data

Download Data
DateValue
Sep 30, 2024 0.39
Jun 30, 2024 0.39
Mar 31, 2024 0.52
Dec 31, 2023 0.87
Sep 30, 2023 0.48
Jun 30, 2023 0.31
Mar 31, 2023 0.21
Dec 31, 2022 0.15
Sep 30, 2022 0.06